{"id":6448,"date":"2017-07-17T15:20:47","date_gmt":"2017-07-17T19:20:47","guid":{"rendered":"https:\/\/www.renthop.com\/content-manager\/?p=6448"},"modified":"2017-07-17T15:21:54","modified_gmt":"2017-07-17T19:21:54","slug":"5-things-to-keep-in-mind-when-renting-out-your-apartment","status":"publish","type":"post","link":"https:\/\/www.renthop.com\/blog\/5-things-to-keep-in-mind-when-renting-out-your-apartment\/","title":{"rendered":"5 Things to Keep in Mind When Renting Out Your Apartment"},"content":{"rendered":"

While vacation rental is the latest fab, a lot of landlords still prefer long-term rentals<\/a>. They provide consistent cash flow, and landlords do not have to worry about constant turnover. However, it does not mean that being a landlord is easy; especially for first-time landlords, there are a lot of things to consider. If you’re a first-time landlord looking to rent your own unit, RentHop<\/a> has your back! Here are some pointers to keep in mind when renting out your apartment:<\/p>\n

\"5thingstokeepinmindwhenrentingoutyourapartment\"<\/p>\n

5 Tips for Renting Our Your Apartment as a First-Time Landlord<\/h2>\n

When you’re a first-time landlord, there are plenty of things to remember as you’re renting out your apartment.<\/p>\n

1. Prepare All Areas<\/h3>\n

In most cases, the apartment would be vacant and ready for rent. However, it doesn\u2019t mean that it is enough \u2013 defects or flaws are extremely obvious when the apartment is empty. Spend some time cleaning the apartment<\/a>, and invest in home improvements before you put your apartment on the market.<\/p>\n

Fresh paint and shiny hardwood floors usually do the trick, and the bathroom<\/a> is more important than you think. No one wants to be taking a shower in a dim bathroom with a grimy (and germy!) toilet. This is even more important in areas like New York City<\/a> with old bathrooms. Scrub the toilet and bathtub with white vinegar or your preferred cleaner, and change the lightbulbs, so the entire bathroom looks brighter and cleaner.<\/p>\n

2. Advertise Strategically<\/h3>\n

Now that your apartment is ready for rent, you need to set the price and write a good pitch to attract renters. Once you find the website or platform you\u2019d like to advertise your apartment on, take some time to check out other apartments in your neighborhood. You can advertise your rental on RentHop<\/a> to find a tenant!<\/p>\n

Are they reasonably priced? What amenities do they include? How is your apartment different from theirs? How do other landlords write their apartment descriptions? Benchmarking not only helps you understand what\u2019s out there, but it also gives you a better idea of how you should advertise your apartment. Make sure you include all features and amenities in the ad (or post) and use high-resolution photos<\/a>.<\/p>\n

Learn more:<\/p>\n